Global X FTSE Greece 20 ETF (NYSEArca: GREK)
YTD: 27.9%
AUM: $112.5 million
Comment: In a testament to just how strong GREK has been this year, the ETF has surged nearly 28% despite three index providers demoting Greece to emerging markets from developed market status. And despite all that upside for Greek stocks in 2013, the country still ranks as one of the world’s cheapest, developed or emerging, on valuation. [Some High-Flying Country ETFs are Still Cheap]